The ministry said all imported CBU electric vehicles from July 1, 2026 would be subject to a minimum cost, insurance and freight (CIF) value of RM200,000.

The second requirement is that the minimum motor power threshold has been lowered to 180kW and above from the previous 200kW, it said in a statement.

It said the policy for imported CBU electric vehicles has reverted to existing regulations following the end of the exemption period.

However, companies with remaining stocks, including vehicles already in inventory, at ports or in transit, will still be allowed to sell them under the previous exemption conditions until the stocks are exhausted.

The ministry said franchise AP holders were informed of the adjustment during an engagement session held on April 30.

“Miti remains committed to ensuring a transparent, consistent and balanced policy environment in supporting the development of the automotive industry while protecting national economic interests and the rights of vehicle consumers,” it said.

The statement follows a report by paultan.org that it had issued these conditions which the portal claimed would “‘push out’ a swathe of mid-range EVs, leaving only premium options”.